What is ACH? Automated Clearing House Payments Explained

What exactly is ACH?

ACH, which stands for "Automated Clearing House" is the largest and oldest payment system in the U.S. It isn't exactly a household word, but many of us already depend on it.

Believe it or not, the ACH network processed over $18 trillion in payments last quarter, that's trillion with a T. For context, the ACH network is over 5 times larger than the Visa Network!

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